Good Morning KATXers! Munz,
I got burned once by the pump in dump...I trading a stock, that rocketed up over a 2 day period (on no news), then dropped like a brick! I later discovered it had been posted as "big winner" on a penny site, thus causing the spike up. I didn’t sell, expecting it to rise further, and ended up loosing on the deal. New to the market, I was naive enough to think it was just because I picked an awesome stock.
To eliminate this from happening again, or at least try to minimize the risk, I have signed up for tons of those sites to try to, at least, be aware it's happening next time...I get tons of annoying emails now...TONS! LOL If I see KATX posted on a penny site, I'll be quick to post here, hopefully the rest of you will do the same as well. There are just too many for me to cover. :~) If you know beforehand of the “pump” you can make a very decent return, then reinvest at a lower share price when the price falls…if you believe in a company…I believe in KATX. :~)
As far as the Reuters report, we could possibly see a good rise in PPS today, just with the new eyes it may bring our way. New investors = higher demand = higher PPS :~)
....all IMO of course :~)
GLTA,
PKP
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